The $14.7 million Bitcoin ETF will liquidate from Aug. 18, while Hashdex's filings split on the payout date.
The post <a href="https://cryptoslate.com/hashdex-is-shutting-down-its-bitcoin-etf-leaving-investors-with-just-days-to-sell-before-a-blind-unpredictable-cash-out/">Hashdex is shutting down its Bitcoin ETF, leaving investors with just days to sell before a blind, unpredictable cash out</a> appeared first on <a href="https://cryptoslate.com">CryptoSlate</a>.

Hashdex is shutting down its $14.7 million Bitcoin ETF, with liquidation set for August 18. Investors have only a few days to sell their holdings before an uncertain cash-out process begins, as Hashdex's filings indicate discrepancies regarding the payout date.

Hashdex is shutting down its Bitcoin ETF, leaving investors with just days to sell before a blind, unpredictable cash out

The Brazil-based crypto asset manager will liquidate its U.S. spot Bitcoin ETF later this month, ending a fund that entered the market in 2024.

Hashdex, a Brazil-based crypto asset manager, will liquidate its U.S. spot Bitcoin ETF later this month after struggling to gain assets. The fund, which entered the market in 2024, is set to shut down.

Hashdex to Shut Down Bitcoin ETF After Struggling to Gain Assets

Hashdex's DEFI, the smallest of the funds, held $14.7 million under management, compared with $47.08 billion for BlackRock’s IBIT.

Hashdex's DEFI, the smallest U.S. spot bitcoin ETF, is set to close as it reported $14.7 million in assets under management, significantly lower than BlackRock’s IBIT, which has $47.08 billion. This decline in inflows comes as investors shift their focus towards AI-related returns.

First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns

Hashdex is liquidating its DEFI spot Bitcoin ETF after assets fell to $14.7M. Trading halts August 17, with cash payouts around August 28.
The post <a href="https://99bitcoins.com/news/bitcoin-btc/bitcoin-etf-news-hashdex-defi-closure/">Hashdex Pulls Plug on $14.7M Bitcoin ETF as Scale Kills Viability</a> appeared first on <a href="https://99bitcoins.com">99Bitcoins</a>.

Hashdex is liquidating its DEFI spot Bitcoin ETF after assets decreased to $14.7 million. Trading will halt on August 17, with cash payouts expected around August 28.

Hashdex Pulls Plug on $14.7M Bitcoin ETF as Scale Kills Viability

هاشديكس على وشك إغلاق صندوق ETF بيتكوين بقيمة 14.7 مليون دولار بسبب انخفاض الأصول واهتمام المستثمرين. الصندوق، الذي واجه صعوبات منذ إطلاقه في 2024، سيتوقف عن التداول في 17 أغسطس، مع توقع دفع الأموال النقدية حول 28 أغسطس. هذا الإغلاق يسلط الضوء على اتجاه أوسع حيث يفضل المستثمرون بشكل متزايد الاستثمارات المتعلقة بالذكاء الاصطناعي على العملات المشفرة.

Hashdex está a punto de cerrar su ETF de Bitcoin de $14.7 millones debido a la disminución de activos e interés de los inversores. El fondo, que ha tenido dificultades desde su lanzamiento en 2024, detendrá el comercio el 17 de agosto, con pagos en efectivo anticipados alrededor del 28 de agosto. Este cierre destaca una tendencia más amplia, ya que los inversores favorecen cada vez más las inversiones relacionadas con la IA sobre las criptomonedas.

Hashdex va fermer son ETF Bitcoin de 14,7 millions de dollars en raison de la diminution des actifs et de l'intérêt des investisseurs. Le fonds, qui a rencontré des difficultés depuis son lancement en 2024, cessera de négocier le 17 août, avec des paiements en espèces prévus autour du 28 août. Cette fermeture met en lumière une tendance plus large alors que les investisseurs privilégient de plus en plus les investissements liés à l'IA par rapport aux cryptomonnaies.